$250,000

1 Main Street, Newport City, VT 05855, US

Summary

Style: Commercial Sale
Year Built: 1969

Moving Quotes

primary photo for 1 Main Street, Newport City, VT 05855, US

Remarks

Here is your opportunity to own a historic cosmetology business in Newport Vermont with over 75 years of history. This shop is the largest in the area and features 10 hair dressing stations, 4 wash stations, 3 dryers, 3 pedicure chairs, 3 manicure stations, a styling station, a massage room, waiting area, half bath, a kitchen, and an upper level office and storage area. A substantial renovation of the building and equipment was completed in 2010. This renovation included updated wiring, heating, flooring, paint and almost all new equipment. The salon is located on the busiest section of Main Street with over 14,000 cars per day giving this business optimal exposure and its customers convenience. Customers also appreciate the covered, zero step entry, front and rear parking, a comfortable waiting area, and views of Lake Memphremagog. The salon is situated in a 3 unit condo building and this unit consists of 34.4% of the building. Condo fees are only $100 per month. The current owners are willing to assist with a transition into new ownership. The business, equipment, inventory and real estate are offered for $250K or the business, equipment and inventory could be purchased for $75K and the Real Estate Leased from the current owners.

Details

MLS#: 4764624
Price: $250,000

Style: Commercial Sale
Year Built: 1969

County: Orleans
Lot Size: 13068
Tax Fee: 3772.6

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Broker Contact


Century 21 Farm & Forest
5043 US Rte 5 Derby Road
Derby, VT, 05829
US
Daniel Maclure
! (802) 334-1200
! Info@FarmAndForest.com
! Website

Information is believed to be accurate but should not be relied upon without verification.
Data Provided by New England Real Estate Network
Last updated: 2019-07-16T16:51:59.000-04:00.
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